Hal_Al
Level 15

Get your taxes done using TurboTax

Either of the above methods will work.  So, they are both correct.

 

If you use the 2nd method ("Less Common Income"), I suggest you get "1099-Misc" in the description, e.g. "interest income reported on a1099-Misc".  That way, the 1099-Misc, you received, gets mentioned on line 8z of Schedule1.